Is cryptocurrency a good investment? |
|
|
|
Rilan
Full Member
Cash: $ 15.00
Posts: 83
Joined: 09 Nov 2017
Location: USA |
Is cryptocurrency a good investment? |
|
|
What is the future of cryptocurrency? What's the best cryptocurrency to invest in? Why?
|
Thu Jun 07, 2018 7:47 pm |
|
|
Quri
Full Member
Cash: $ 23.45
Posts: 99
Joined: 13 Sep 2017
Location: USA |
Ethereum is, probably, a future #1 cryptocurrency, it is simply better than Bitcoin and provides much more utility. Bitcoin’s purpose is to be the virtual currency of the internet, and it uses the blockchain to do this. However, Ethereum focuses on the bigger problem. Many beginners in cryptocurrency believe that Ethereum is only as a financial currency, like Bitcoin. This is wrong for many reasons.
|
Tue Jun 12, 2018 9:09 am |
|
|
CarlosR
Member
Cash: $ 4.05
Posts: 18
Joined: 30 Nov 2017
Location: EEUU |
moving towards cryptocurrencies |
|
|
Actually, it’s fairly likely that over the long term, people all over the world will start slowly moving towards cryptocurrencies, which will undoubtedly reduce the US dollar’s significance in the global financial system. One of its greatest advantages in relation to other markets is that it does not have fx holidays that allow it to operate every day of the year.
|
Thu Jul 26, 2018 10:28 pm |
|
|
Rilan
Full Member
Cash: $ 15.00
Posts: 83
Joined: 09 Nov 2017
Location: USA |
Thanks for your answers, useful info
|
Wed Aug 01, 2018 7:19 am |
|
|
Quri
Full Member
Cash: $ 23.45
Posts: 99
Joined: 13 Sep 2017
Location: USA |
The process of cryptocurrency trading is really simple, all you’ll require is strategies and understanding the concept of when to buy and sell.
|
Wed Aug 01, 2018 7:27 am |
|
|
Garson
Senior Member
Cash: $ 44.75
Posts: 251
Joined: 21 May 2018
|
There is no any sign of the near fall of cryptocurrency market. It's pretty reliable. Of course, excesses happen, you have to follow all the news to reduce risks. Or you can just mine crypto passively and search for rates in an app. Thanks to https://mineunit.com/ it's so easy now.
|
Thu Aug 16, 2018 9:58 am |
|
|
oloutt
Member
Cash: $ 3.40
Posts: 15
Joined: 20 Dec 2017
|
I have used Coinbase and although their platform is user-friendly and simple, making a withdrawal of funds to my UK account is virtually impossible . So I started looking for alternatives and found this info . LocalBitcoins exchange turned out to meet my needs perfect
|
Thu Nov 01, 2018 9:26 am |
|
|
rvalmeeki
Preferred Member
Cash: $ 36.70
Posts: 182
Joined: 04 Oct 2017
|
I have good experience with Bitcoins. I have got a huge profit with it.
Marketing Specialist, Money Saver
Job Search
NOC Services
|
Sun Nov 04, 2018 10:56 pm |
|
|
franklee
Full Member
Cash: $ 16.10
Posts: 91
Joined: 12 Jan 2018
Location: NY |
I do not trust bicoin and other cryptocurrencies.
There is a very old saying that “If something is very good to be true, then it probably is”. That’s a learned advice in terms of doubling your investment. In today’s market, there are far more scams than the sure things which impacts the overall stability of the market.
Although there are other things to double your money, else than investing in Forex market. One should be suspicious if you are promised results, even if it is your broker, your family member or any infomercial. Make sure you take time that someone is not using your methods to double their money.
Thus, I don’t believe in doubling the investment. After all, it is 50% return. I recommend to deal with only trusted brokers (here is a list https://fx-list.com/asic-forex-brokers I used to work with) That brokers conduct their business fairly and hold responsibility for safety of client’s funds.
|
Thu Nov 29, 2018 6:26 pm |
|
|
rvalmeeki
Preferred Member
Cash: $ 36.70
Posts: 182
Joined: 04 Oct 2017
|
Yes crypto currency is best investment, as i have invested in the same in couple of years and got good returns. I did it in Bitcoin, but you need to go with the ones which are of lowest price now. It will be a long term investment.
Marketing Specialist, Money Saver
Job Search
NOC Services
|
Fri Nov 30, 2018 12:42 pm |
|
|
Spooky
New Member
Cash: $ 0.65
Posts: 3
Joined: 21 Jul 2017
|
The best crypto currency for investing in any case is Bitcoin and Ether https://www.hypeanalysis.com/ as the most common ones.The remaining three can be selected from the top 30 crypto currency at your discretion. The concept of what crypto currency you like, into that and invest.
|
Sun Dec 09, 2018 8:42 pm |
|
|
Butl
Preferred Member
Cash: $ 36.40
Posts: 172
Joined: 09 Jun 2016
|
Well, I think so. But you have to do a lot of research before investing. It is also a good idea to think about some pre-ICO campaigns and read about them, have a look at some ratings. Here is a very nice list on https://cryptototem.com/ico-list/pre-ico/ which you might find handy. Good luck with it, hope you will find my reply useful
|
Fri Feb 08, 2019 11:56 am |
|
|
Darwin2018
Senior Member
Cash: $ 33.45
Posts: 219
Joined: 29 Apr 2018
Location: USA |
I do not advise you to invest your money in cryptocurrency in 2019!
|
Sun Feb 10, 2019 8:39 pm |
|
|
Brotherjohn
Preferred Member
Cash: $ 29.60
Posts: 145
Joined: 29 Apr 2018
|
It all depends on the type of cryptocurrency. Now a lot of cryptocurrencies are not stable and you can lose all your money if you invest in them. I regularly track the price on the cryptocurrency market on this site. https://www.crypto-rating.com/ Crypto Rating is a rating agency based in Hong Kong, a city with a fast-developing cryptocurrency ecosystem. Crypto Rating applies an elaborate algorithm for evaluating the cryptocurrencies by various aspects of their performance. This method is their unique know-how, taking into account various parameters. If you are new to this area I advise you to use this site too! Good luck!
|
Sun Feb 10, 2019 8:56 pm |
|
|
|